Trump Wages War on Cryptocurrency Fraud
On October 21, 2026, U.S. President Donald Trump is preparing to launch a federal campaign to combat cryptocurrency fraud networks, particularly fake investment platforms and criminal networks operating from abroad.
The move comes after the FBI received more than one million reports of online fraud over the past year, a 17% increase from 2024, and shut down 241 fake websites and 112 servers linked to these activities.
The campaign could strengthen investor protection and confidence in the digital currency sector while tightening oversight of suspicious platforms
#Fraud
On October 21, 2026, U.S. President Donald Trump is preparing to launch a federal campaign to combat cryptocurrency fraud networks, particularly fake investment platforms and criminal networks operating from abroad.
The move comes after the FBI received more than one million reports of online fraud over the past year, a 17% increase from 2024, and shut down 241 fake websites and 112 servers linked to these activities.
The campaign could strengthen investor protection and confidence in the digital currency sector while tightening oversight of suspicious platforms
#Fraud